GE in Saudi Akram Hamad President & CEO GE Gulf. 2 GCC Growth Drivers.

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GE in Saudi Akram Hamad President & CEO GE Gulf

Transcript of GE in Saudi Akram Hamad President & CEO GE Gulf. 2 GCC Growth Drivers.

Page 1: GE in Saudi Akram Hamad President & CEO GE Gulf. 2 GCC Growth Drivers.

GE in Saudi

Akram HamadPresident & CEOGE Gulf

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GCC Growth Drivers

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GE’s four business segments

Market leadership

Domain expertise

Competitive advantage

Financial strength

GE Technology Infrastructure~$46B

GE Energy Infrastructur

e~$38B

NBC Universal

~$17B

GE Capital~$67B

*FY 2007 revenues

GE is a family of businesses aligned with our customers’ needs, acting as one company to drive growth

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GE in Saudi Arabia

• Three GE Healthcare training & support centers

• GE Water & Process Technologies chemical blending facility

• GE CoE-manufacturing gas turbine parts in JV with MEELSA

• GE Sensing JV with SASSCO • ‘GET Water’ mobile water

desalination systems in Jeddah & Dammam

Fast FactsEmployees: 780Revenues: ~ $3 billionLocations: 6

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Building a talent pipeline of expertise; a growing local workforce of high expertise, focus on skills development, training and R&D

GE Healthcare

GE Energy

Building a ‘Saudi GE’

Partnerships Localization

Knowledge Transfer

Establish relationships with ‘one government’ by addressing needs and matching the GE offering – “Country to Company Strategy”: Saudi Arabia

Create a series of investments & developments programs – Building capacity and capability - Build local service workshops, assembly plants in Partnerships with Private sector

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